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Ruling against BP could mean $18 billion in fines

...District Judge Carl Barbier concluded that the London-based oil giant showed a "conscious disregard of known risks" during...finding exposes BP to the much higher amount.Even as the oil giant vowed to appeal, BP stock fell $2.82, or nearly 6...

http://chronicle.augusta.com/news/business/2014-09-04/ruling-against-bp-could-me
Yukos is offering to pay tax claims within 2 years

MOSCOW -- The Yukos oil company said Wednesday the beleaguered oil giant has offered to pay the government $8 billion in back taxes over a two-year period. Company spokesman Hugo Erikssen said the...

http://chronicle.augusta.com/stories/2004/07/15/bus_422188.shtml
Business
BP: Emissions will be voluntarily limited

...will start measuring the so-called greenhouse gases it pumps into the air and set targets for reductions in what the oil giant's chief called a "constructive contribution" to halting global warming. The voluntary decision adds to the company's...

http://chronicle.augusta.com/stories/1997/10/01/tec_215392.shtml
XXX Technology
Exxon, Mobil very different partners

...they explore for oil. As Exxon and Mobil come together, that could be a stumbling block to forming one smoothly running oil giant. "Exxon and Mobil are both competitors, they both have a lot of pride and they would like to see their own way of doing...

http://chronicle.augusta.com/stories/1998/12/03/bus_246335.shtml
Business
Appeals court to review approval of BP settlement

...started complaining that the judge and court-appointed claims administrator were misinterpreting it. The London-based oil giant is worried it could be forced to pay billions of dollars more for bogus or inflated claims by businesses.Plaintiffs...

http://chronicle.augusta.com/news/2013-11-03/appeals-court-review-approval-bp-se
Business briefs

...12 counts of importing notebooks and filler paper from China using false documents.In other newsRUSSIAN STATE-OWNED oil giant Rosneft sealed a deal Monday to buy TNK-BP, the 50-50 joint venture between BP, the British energy country, and...

http://chronicle.augusta.com/news/business/2012-10-22/business-briefs
Crude futures rise despite rise in oil supplies

...The chief executive of Russian oil giant Yukos said the company is "close...the chief executive of Russian oil giant Yukos, Stephen Theede, said the...the next 10 days. And in Nigeria, oil giant Royal Dutch/Shell Group of Cos...

http://chronicle.augusta.com/stories/2004/11/04/bus_433324.shtml
Business
Oil prices settle at new high, nearing $45 a barrel

...disruption in Russia, analysts said, as the embattled oil giant Yukos was dealt more bad news. Light crude for September...oil markets. The Russian government is in a battle with oil giant Yukos over billions of dollars in back taxes, and company...

http://chronicle.augusta.com/stories/2004/08/10/bus_424827.shtml
Business
New BP CEO took unusual turns to top

...executives.Seen as an unlikely candidate just a few months ago, Dudley is set to become the first American to lead the oil giant in its century long history. Dudley will become CEO on Oct. 1 and try to salvage the company's reputation and investments...

http://chronicle.augusta.com/news/business/2010-07-27/new-bp-ceo-followed-unusua
Business
Oil futures prices rise toward $54

...demand and reduced output in the hurricane-ravaged Gulf of Mexico. Worries about Russian oil supplies also persist as oil giant Yukos, already struggling to repay a multibillion-dollar back-tax bill, got hit Monday with $1.34 billion in...

http://chronicle.augusta.com/stories/2004/10/12/bus_431044.shtml
Business